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CPP Investments and Equinix complete $4B acquisition of Nordic data center operator atNorth.

Company Fundamentals
02 Sep 2026
PRNewsWire
View Source
Bullish
pluang ai news

Canada Pension Plan Investment Board (CPP Investments) and Equinix have finalized their $4 billion acquisition of atNorth, a leading Nordic data center developer with eight operational sites and multiple projects underway across the Nordics. This deal strengthens their position in the growing market for AI, cloud, and high-performance computing infrastructure, leveraging atNorth's renewable energy use and advanced cooling technologies. CPP Investments holds a controlling 51% stake, Equinix 34%, and Partners Group 10%, with atNorth continuing to operate independently to expand capacity and development. The acquisition underscores the strategic importance of the Nordic region as a hub for sustainable, AI-ready digital infrastructure.

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